Indiegogo’s First Security Token ICO Raised $18 Million

The owner-operator of the St. Regis Aspen Resort has concluded its security token offering (STO), raising $18 million in the first equity ICO hosted on the Indiegogo platform. Asset management firm Elevated Returns, the owner of St. Regis Aspen, on Tuesday announced that accredited investors had purchased all $18 million worth of Aspen Coins made …

Indiegogo Founder Talks Security Tokens

Crowdfunding giant Indiegogo, known for the creation of projects like the Wardenclyffe Tesla Science Centre, recently stepped into the security token market with the announcement that the company would tokenize the St. Regis Aspen Resort in Colorado and sell the tokens as legally-registered securities in a security token offering (STO). STOs Will Soon Become Commonplace …